Director, Product Management (California State Team)

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Job Category Product Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $120,400.00 - $198,700.00 Target Openings 1 What Is the Opportunity? Within the Product team at Travelers, you will have the opportunity to regularly engage in unique and intellectually stimulating business problems. As a Director, Product Management, you will manage the growth and profitability for multiple state(s), product, or line of business. You will lead others in the formulation of recommendations based on analysis and interpretation of rates, data, and trends to achieve business objectives. By collaborating and influencing key stakeholders and senior leaders across the organization you will also ensure strategic direction and alignment for successful execution. You will lead cross functional team(s) on growth strategies, products, and objectives. What Will You Do? Direct and initiate the process of complex data analysis of business results including product refreshes, performance expectations and identify root causes and how results impact the broader organization. Manage, coach, and guide a team and/or project initiatives. Develop and influence recommendations to drive desired growth & profitability impacts based on holistic view of short- and long-term strategy with consideration for local regulatory nuances and broader marketplace dynamics. Implement strategic vision and navigate and adjust short- and long-term strategies to adopt recommendations. Independently present, inform and influence recommendations to senior leadership including proposed product/pricing changes or new product builds to gain consensus on implementing recommendations. Act as a senior resource in key strategic initiatives and projects in support of the broader organization, leveraging cross-functional leadership and strong communication with stakeholders. Perform other duties as assigned. What Will Our Ideal Candidate Have? Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field. Six years’ experience working in a mathematical, analytical, or data related role preferably in the financial services industry. Has deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals. Excellent communication skills with the ability to interact and influence with all levels of the organization. Exceptional data analysis skills with the ability to interpret trends and report insights and recommendations to business partners. Proven leadership skills with the ability to manage change, develop employees, and align resources to accomplish key objectives. Deep knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending. Understand the workflow and terminology of insurance products and processes and their impact on profit and loss. What is a Must Have? Bachelor's Degree or equivalent combination of education and experience. Four years of experience in data analytics or similar work